AMU Leasing Partners with EV Firms to Deploy Over 600 ICE-to-EV 3W Cargo Vehicles Updated On Thu, Mar 16th, 2023 by Saurenergy Non-banking financial company and Delhi-based EV-exclusive lending platform, AMU Leasing Pvt Ltd has joined forces with 3ev Industries Pvt Ltd and 3eco Systems Pvt Ltd. The collaboration looks to introduce a new initiative focussed on the deployment of more than 600 converted ICE-to-EV three-wheel L-5N cargo vehicles in India. This is to be achieved within […] Read more
Electric Vehicle Growth Continues: Outlook for 2023 Updated On Wed, Feb 22nd, 2023 by Saurenergy Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […] Read more
Ola Electric to Make EVs, Batteries in Tamil Nadu with Investment of Rs 7,614 Crore Updated On Mon, Feb 20th, 2023 by Saurenergy The Tamil Nadu government has issued a statement that electric vehicle manufacturer Ola Electric will be investing Rs 7,614 crore ($920 million) in Tamil Nadu for the production of electric cars and batteries for electric vehicles (EVs). The investment of $920 million from the firm will come through its subsidiaries Ola Electric Technologies and Ola […] Read more
AutoNxt Automation Unveils Self-Driven E-Tractor at Chandigarh Electric Vehicle Expo Updated On Wed, Feb 15th, 2023 by Saurenergy AutoNxt Automation, which claims to be India’s first electric tractor venture, showcased its self-driving Electric Tractor at Chandigarh Electric Vehicle Expo held recently. PHD Chamber of Commerce and Industry (PHDCCI) organized the electric vehicle expo at sector 34 exhibition ground at Chandigarh. The firm will soon launch, what it calls India’s first electric, autonomous (self-driving) […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Zypp Electric Lands $25m Series B Round Updated On Thu, Feb 9th, 2023 by Saurenergy B2B delivery and shared mobility startup, Zypp Electric has raised $25 million in a Series B round led by Taiwan-based battery-swapping platform Gogoro. This is the first funding round for the Gurgaon-based company in 2023. The fundraise is a mix of $20 million equity and $5 million of debt funding. The round also saw participation […] Read more
Hero Electric To Source Battery Management Systems From Maxwell Energy Updated On Tue, Jan 24th, 2023 by Saurenergy Hero Electric has announced that it has entered into a long-term partnership with the EV solution provider Maxwell Energy for the procurement of advanced battery management systems (BMS). Under the new partnership, Mumbai-based Maxwell Energy will supply for the coming three years its advanced battery management systems to Hero Electric. As per the announcement, Hero […] Read more
Saera Electric Auto Enters into Vehicle-Financing Tie-up with AMU Leasing Updated On Fri, Jan 20th, 2023 by Saurenergy Electric vehicle maker Saera Electric Auto Private Limited (SEAPL) has entered into a vehicle financing contract with non-banking financial company (NBFC), AMU Leasing Pvt. Ltd (ALPL). The agreement paves the way for the customers of SEAPL looking to buy electric vehicles to avail financing options from ALPL. Manufacturers have been seeking tie-ups to speed up […] Read more
Fire Mishaps: How To Prevent Your Electric Vehicle From Catching Fire? Updated On Fri, Jan 20th, 2023 by Saurenergy Electric vehicles are slowly on their way to replace ICE vehicles as the main option for mobility. However, to take over the market, electric vehicles must placate the various concerns associated with the technology. While the issues of range anxiety and high cost are getting addressed at an unprecedented pace with more inventions and improvements […] Read more
